Funding you earn now, next payment 08:00 UTC+0.1018%/8h= +111.5% APRnext payment +$5.09 per $10,000 · paid last 24h +0.220%
Price spread now: KuCoin against Bybit−0.298%7-day average −0.316% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,829as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,866as in the Price arb table
costs, in and out, $10k−$1,86818.677% of the position
Funding, last 7 days+0.390%+$39 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.298%, 7d avg −0.316%
=The price spread sits at its 7-day average of −0.316%, so right now this pair is about funding alone: +$31 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.390% in total (about 20.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JCTUSDT | 0.001747 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $1.2M | $294K | 20x |
| Short | KuCoin JCTUSDTM | 0.001742 | 0.1118 | get 0.0559% / 4h | 1h 07m | $403K | $62K | 20x |
Bybit JCTUSDT
KuCoin JCTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $213.78
- Price spread: −0.298% → −0.316%
- $1.8
- Slippage, 4 orders
- −$1,844.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,652.11
- Costs to cover
- 18.677%
- Break-even
- 61.1 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 36 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 11.45 bp | 354.4 bp −$354 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 36 min ago | 21.62 bp | 581.8 bp −$582 | doesn't fit | doesn't fit | doesn't fit |
JCT on 8 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JCTUSDTlong | +0.0100% | 4h | 0.001747 | long leg | $1.2M | $294K | 20x | |
| Gate JCT_USDT | +0.0100% | 4h | 0.001740 | −0.401% | $328K | $76K | 20x | as long as short |
| MEXC JCT_USDT | +0.0384% | 4h | 0.001745 | −0.114% | $570K | $187K | 50x | as long as short |
| Binance JCTUSDT | +0.0384% | 4h | 0.001745 | −0.114% | $5.4M | $2.1M | 20x | as long as short |
| BingX JCT-USDT | +0.0498% | 4h | 0.001745 | −0.114% | — | $1.3M | — | as long as short |
| Bitget JCTUSDT | +0.0528% | 4h | 0.001742 | −0.286% | $2.3M | $146K | 10x | as long as short |
| Aster JCTUSDT | +0.0857% | 4h | 0.001738 | −0.487% | $130K | $10K | 5x | as long as short |
| KuCoin JCTUSDTMshort | +0.1118% | 4h | 0.001742 | −0.298% | $403K | $62K | 20x |
Gate JCT_USDT
MEXC JCT_USDT
Binance JCTUSDT
BingX JCT-USDT
Bitget JCTUSDT
Aster JCTUSDT